Wu, Di; Nair, Harikesh; Geng, Tong - 2020 - This version: Aug 21, 2020
governments have relied on direct household cash transfers, others have used consumption vouchers, which are cash discounts for … purchases of goods. Compared to cash, which can be saved, consumption vouchers expire if not utilized within a deadline; are …. We evaluate consumption vouchers leveraging randomized controlled experiments implemented at JD.com, a large e …